My Trading plan:
I will short GU around 1.26235
I will trail it to 1.24400 (2nd Target) but will load off some around target 1. Stop loss is around 1.26684.
Reasons for shorting:
1. Retracement
2. Strong Resistance
3. Bearish trend
Disclaimer:
I am just sharing my trading idea. Also do your own analysis before taking any trade. Trading is very risky.
I will short GU around 1.26235
I will trail it to 1.24400 (2nd Target) but will load off some around target 1. Stop loss is around 1.26684.
Reasons for shorting:
1. Retracement
2. Strong Resistance
3. Bearish trend
Disclaimer:
I am just sharing my trading idea. Also do your own analysis before taking any trade. Trading is very risky.